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2,000 Firms from 106 Countries Start Operations at Sharjah Publishing City Free Zone

2,000 Firms from 106 Countries Start Operations at Sharjah Publishing City Free Zone
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2,000 Firms from 106 Countries Start Operations at Sharjah Publishing City Free Zone

2,000 Firms from 106 Countries Start Operations at Sharjah Publishing City Free Zone

Sharjah Publishing City Free Zone (SPC Free Zone) has announced that in 2021, it witnessed impressive growth in the number of new company registrations with a total of 2,000 new companies from across 106 countries, mainly from the UK, India, Pakistan, the Philippines, and Lebanon, Emirates News Agency (WAM) reported.

Stakeholders in the education and publishing sectors, and creative sector players such as translation agencies and linguistic editing offices, have leveraged SPC Free Zone’s nurturing and supportive environment and advanced infrastructure to conduct business and expand operations in the region in 2021, it said.

According to WAM, the number of newly registered publishing companies and allied businesses have risen over the previous year. This reflects the emirate’s ongoing efforts to attract investments in diverse economic sectors, including creative industries, through the free zone’s portfolio of advanced services and state-of-the-art facilities that cater to investors’ needs.

The launch of several initiatives to attract investors and cultural and academic entities to set base in the emirate has seen SPC Free Zone successfully strengthen its leading position as a driver of economic growth and diversification and become a haven for entrepreneurs across a spectrum of creative industries.

Covering an area of 40,000 square meters, SPC provides 600 furnished offices for publishing entrepreneurs and 6,000 square meters of space for investors planning to create their own spaces. It also houses more than 20 conference rooms, stores, service facilities, and a public administration branch of the Federal Authority for Identity and Citizenship to speed up investor visa processing.

Open 24/7, SPC Free Zone offers investors a wide range of benefits, including 100 percent foreign ownership for all nationalities, 100 percent repatriation of capital, 100 percent exemption from personal income tax, corporate tax, import and export tax, as well as access to all other services at cost-effective rates, including manpower, energy, living, printing, and logistics.

Sharjah Publishing City Free Zone was awarded the Quality Management System Certificate (ISO 9001:2015) in 2021 to recognize its excellence as a business incubator and for providing a supportive environment for investors and start-ups in the publishing and allied sectors.

In 2021, SPC Free Zone signed a Memorandum of Understanding (MoU) with Mashreq Bank to offer priority access to various financial and banking services to investors and entrepreneurs in different market sectors.

Ahmed bin Rakkad Al Ameri, Chairman of the Sharjah Book Authority (SBA), said that under the directives of Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the emirate has emerged as a leading and pioneering city that supports investments in the creative sector and provides world-class infrastructure for entrepreneurs.

He added, "The achievements of Sharjah in the publishing sector are paving the way for the promotion of creativity and innovation and enhancing the emirate’s position as a nurturing economic ecosystem that invests in knowledge and culture and attracts publishers and bookmakers to the emirate to set up a business and expand to international markets."

Director of Sharjah Publishing City Free Zone (SPC Free Zone) Salim Omar Salim noted that the increasing number of investors wanting to start their business in the free zone is a testament to Sharjah’s status as a leading knowledge capital of the world and its successful efforts in creating an inclusive ecosystem for regional and international publishers.

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Tokyo Police Care for Lost Umbrellas, Keys, Flying Squirrels

This photo taken on August 2, 2024 shows thousands of umbrellas in containers at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo. (Photo by Richard A. Brooks / AFP)
This photo taken on August 2, 2024 shows thousands of umbrellas in containers at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo. (Photo by Richard A. Brooks / AFP)
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Tokyo Police Care for Lost Umbrellas, Keys, Flying Squirrels

This photo taken on August 2, 2024 shows thousands of umbrellas in containers at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo. (Photo by Richard A. Brooks / AFP)
This photo taken on August 2, 2024 shows thousands of umbrellas in containers at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo. (Photo by Richard A. Brooks / AFP)

Lost your umbrella, keys, or perhaps a flying squirrel? In Tokyo, the police are almost certainly taking meticulous care of it.

In Japan, lost items are rarely disconnected from their owners for long, even in a mega city like Tokyo -- population 14 million.

"Foreign visitors are often surprised to get their things back," said Hiroshi Fujii, a 67-year-old tour guide at Tokyo's vast police lost-and-found center.

"But in Japan, there's always an expectation that we will."

It's a "national trait" to report items found in public places in Japan, he told AFP. "We pass down this custom of reporting things we picked up, from parents to children."

Around 80 staff at the police center in Tokyo's central Iidabashi district ensure items are well organized using a database system, its director Harumi Shoji told AFP.

Everything is tagged and sorted to hasten a return to its rightful owner.

ID cards and driving licenses are most frequently lost, Shoji said.

- Flying squirrels, iguanas -

But dogs, cats and even flying squirrels and iguanas have been dropped off at police stations, where officers look after them "with great sensitivity" -- consulting books, online articles and vets for advice.

More than four million items were handed in to Tokyo Metropolitan Police last year, with about 70 percent of valuables such as wallets, phones and important documents successfully reunited with their owners.

"Even if it's just a key, we enter details such as the mascot keychain it's attached to," Shoji said in a room filled with belongings, including a large Cookie Monster stuffed toy.

Over the course of one afternoon, dozens of people came to collect or search for their lost property at the center, which receives items left with train station staff or at small local police stations across Tokyo if they are not claimed within two weeks.

If no one turns up at the police facility within three months, the unwanted item is sold or discarded.

The number of lost items handled by the center is increasing as Japan welcomes a record influx of tourists post-pandemic, and as gadgets become smaller, Shoji said.

Wireless earphones and hand-held fans are an increasingly frequent sight at the lost-and-found center, which has been operating since the 1950s.

But a whopping 200 square meters is dedicated to lost umbrellas -- 300,000 of which were brought in last year, with only 3,700 of them returned, Shoji said.

"We have a designated floor for umbrellas... during the rainy season, there are so many umbrellas that the umbrella trolley is overflowing and we have to store them in two tiers."